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IGL

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1d
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1m

Analysis and statistics

  • Open
    205.0867$
  • Previous Close
    206.2428$
  • 52 Week Change
    128.18$
  • Day Range
    -1.16$
  • 52 Week High/Low
    153.05$ - 281.2293$
  • Dividend Per Share
    0
  • Market cap
    289 408 M$
  • EPS
    2.54
  • Beta
    0.623
  • Volume
    --

About

IGL.NSE refers to Indraprastha Gas Limited, a company listed on the National Stock Exchange of India (NSE). Indraprastha Gas Limited is a city gas distribution company that supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, commercial, and industrial consumers in Delhi and surrounding areas. The 'IGL' is the stock symbol, or ticker, for the company on the NSE. Investors can trade shares of Indraprastha Gas Limited on the NSE using this symbol.

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Factors

Crude Oil Prices: Being a major input for CNG, fluctuations in crude oil prices significantly impact IGL's profitability and stock value. A rise in crude oil can increase input costs, potentially lowering profit margins.

Government Policies: Regulatory changes related to natural gas pricing, distribution, and subsidies can directly affect IGL's earnings and investor sentiment. Favorable policies often boost stock prices.

Demand for CNG/PNG: Increased demand for CNG in vehicles and PNG in households drives IGL's revenue growth. Economic activity and consumer preferences play a crucial role in shaping this demand.

Competition: The presence of other gas distribution companies or alternative fuel sources can impact IGL's market share and profitability, thus affecting its stock price.

Economic Growth: A strong economy generally leads to higher industrial and household consumption of gas, benefitting IGL. Economic slowdowns can negatively affect demand and IGL's performance.

Rupee-Dollar Exchange Rate: A weaker rupee can increase the cost of imported natural gas, affecting IGL's profitability and subsequently its stock price.

Company Performance: IGL's financial results, including revenue, profit margins, and expansion plans, are closely monitored by investors. Positive results usually lead to higher stock prices.

Investor Sentiment: Overall market sentiment and investor perception of the gas distribution sector can influence IGL's stock price, regardless of its fundamental performance.

Interest Rates: Changes in interest rates can affect borrowing costs for IGL and also influence investor decisions regarding equity investments.

Infrastructure Development: Expansion of gas pipeline infrastructure and CNG filling stations can increase IGL's reach and potential customer base, positively affecting its stock.

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